Relating to mortgage insurance limitation; and declaring an emergency.
Catchline/Summary:
Allows Director of Department of Consumer and Business Services to waive, upon request of mortgage insurer, requirements regarding ratio of aggregate insurance policies issued to surplus to policyholders. Allows Director of Department of Consumer and Business Services to waive, upon request of mortgage insurer, requirements regarding ratio of aggregate insurance policies issued to surplus to policyholders.
Declares emergency, effective on passage.
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HB 3654
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